Two stocks witnessing long unwinding
Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
The domestic benchmark indices opened Wednesday's trading session on a positive note and even at 12.10 pm, both Sensex and Nifty were spotted in the green zone. While Sensex inched higher by 0.73 per cent at 56,731.45 levels, Nifty climbed 0.78 per cent to be at 16,900.90 levels.
Bajaj Finance, Tata Steel, and Sun Pharma emerged as the top three gainers today, which surged 2.58 per cent, 1.91 per cent & 1.89 per cent, respectively.
Following are the stocks where profit booking is seen taking place in the F&O segment:
|
Symbol
|
Expiry date
|
LTP
|
Per cent change
|
OI change (per cent)
|
| AUBANK |
Dec 30 |
1,035.45 |
-0.08 |
-0.7 |
| PETRONET |
Dec 30 |
212.25 |
-0.05 |
-0.08 |